desktop:desktop_market_profile

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Market Profile

Market Profile will display real time as well as historical trades for a particular market. Market Profile is a unique style of chart that organizes trade data by time, price, and volume. Customize letter sequences and the session start letter. Navigate Market Profile with smooth scrolling and zooming. Letter shading based on time or volume. Profile information boxes show common values and computations. Configurable time interval per letter. Customize the look and feel by adjusting fonts and colors.

To open select Market Profile from the main window’s New Item Menu.

Selecting Market Profile

To select a new Market Profile window you can select chart from the New Item Menu.

Click the + to the left of the exchanges to see a list of available contracts. Or you can type either the name or symbol of the product to find it faster.

Double click a desired contract or select it and click Ok.

Scrolling and Zooming

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You can scroll the Market Profile window easily by clicking and dragging anywhere within the chart. Additionally, clicking in the price or time axes will allow you to scroll just those axes.

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Zoom the Market Profile in and out by right-clicking in either the price or time axes and dragging.

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Click the reset button on the bottom right-hand side of the chart, or press the keyboard hot-key ‘Home’ to jump back to the current active profile and center on the last trade price.

Letter Colors and Style

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The Market Profile window opens with rainbow colors and blocked-letter view turned on by default. Adjust the rainbow coloring, TPO styling, and TPO coloring from the Market Profile properties window.

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Toggle blocked-letter view.

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Change the rainbow coloring of the letters using the properties window. Other TPO styling is also available.

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Properties → Display (Tab) → TPO Symbol Color → select desired color.

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Single Profile View

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In single profile view the time scale is no longer scrollable and the profile is anchored to the left side of the window. The price scale can still be scrolled by clicking and dragging, and the chart can still be zoomed by right-clicking and dragging on either the price or time axes.

Enable single profile view from the Market Profile properties window.

Image Toggle single profile view.

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Keystroke toggle single profile view.

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Properties → General (Tab) → Single Profile View → checkbox

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Price Volume

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A histogram chart of relative volume traded at each price is displayed to the right of the profile.

Volume can also be displayed behind the TPO symbols to free up some horizontal space on the chart. This option usually looks better if blocked-letters are deactivated.

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Toggle price volume.

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Keystroke toggle price volume.

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Properties → Display (Tab) → Show Price Volume → checkbox

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Symbol Time Range

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Each letter in the Market Profile represents 30 minutes of time, by default. This can be customized from the Market Profile properties window.

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Properties → Profile (Tab) → Symbol Time Range → enter desired value

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Symbol Price Range

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The price scale includes a row for every price tick. For some markets, this makes the profile too large to see one a single screen (without zooming out so far the letters are barely legible.)

A Symbol Price Range of 1 is the default and shows one row per price tick. A value of 2 shows one row for every two price ticks, etc.

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Adjust the symbol price range using the tool bar buttons.

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Properties → Profile (Tab) → Symbol Price Range → enter desired value

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Custom Session Times

A single profile displays every trade occurring on a given trading day. To restrict the profiles to a specific trading session time range, adjust the Session Time Range.

The letter sequence always begins at the start time of the session time range (midnight for the 24 hour – trading day – session.)

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Properties → Profile (Tab) → Session Time Range → enter desired start and end times.

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Custom Letter Sequence and Start Letter

The default letter sequence is “ABC…abc…” All 26 letters of the alphabet are used. The start letter “A” is assigned to the first 30 minutes starting at the session time range start time.

A custom letter sequence can be entered in Custom Letter Sequence below the option above. Any character on the keyboard can be used.

To customize the start letter of the sequence (the letter assigned to the first interval beginning at the session start time), enter a value for the Start Letter option right below the Custom Letter Sequence option.

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Properties → Profile (Tab) → Use Custom Letter Seq. → checkbox

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Summary Information Boxes

Profile Summary

Price Summary

Letter Summary

TPO Summary

Split Views

Displaying POC and POCvo Prices

Displaying Value Area Indicators

Displaying Customizing Initial Balance and Opening Range

Toggling Price and Time Scales

Market Profile Hot Keys

  • desktop/desktop_market_profile.1643807227.txt.gz
  • Last modified: 2023/09/21 19:55
  • (external edit)